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List of 25 sectors which will receive incentives under new Investment Act
We have a list of industries that will qualify for investment incentives granted under the proposed Investment Act, and it…
SPEED ROUND
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SPEED ROUND
1.2 mn Kramers purged as cabinet looks to make further moves on subsidies:
1.2 mn Kramers purged as cabinet looks to make further moves on subsidies: Some 1.2 mn welfare cheats have lost…
Suez Canal Authority suspends plan to collect shipping fees 3 years in advance
Sorry shipping lines, our reserves are good and we don’t need an advance on FX. The Suez Canal Authority has…
Foreign reserves up by USD 2.098 bn
Egypt’s foreign reserves rose to USD 26.363 bn in January, the CBE said in a statement, a gain of just…
Banque du Caire to increase shares to be listed to 30% from the 20% planned, eyes GDRs
IPO WATCH- The government is reportedly considering increasing the percentage of Banque du Caire shares set to be listed to…
PMI reading points to another month of worsening business conditions
Waiting for Godot: There is little evidence an economic recovery is underway, according to the Emirates NBD Egypt’s PMI reading,…
Cameroon defeats Egypt 2-1 to take home Afcon 2017 title
Cameroon walked away with the African Cup of Nations championship after defeating Egypt 2-1 in what was a disappointing final…
Oil price rise in response to new US sanctions on Iran
Oil prices jump in response to new US sanctions on Iran: US crude shot up to USD 53.83 per barrel…
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